Real Vision’s Chief Cryptocurrency Analyst Jamie Coutts predicts a significant transformation of the global economy due to stablecoins and decentralized finance (DeFi). He believes stablecoins will eliminate trillions in economic friction on both merchant profit margins and international money transfers. Furthermore, DeFi is expected to significantly reduce credit costs. Internal IMF data backs this prediction. In the United States, blockchain providers offer lower-interest home equity lines of credit at over 100 basis points less than traditional options. Currently, outstanding loans in this sector exceed $11 billion. Coutts estimates that the global economic value unlocked by these innovations could reach a staggering $1 trillion annually.